Housing Market: Delinquent Homeowners Have an Ace Up Their Sleeves, This Time
04.26.2021 - By Real Estate News: Real Estate Investing Podcast
The prediction that millions of homeowners would face foreclosure due to job losses from COVID 19 shutdowns does not seem to be materializing. There are some who say that delinquent borrowers have a way to avoid that fate this time around. Unlike the Great Recession, they have a lot more equity in their homes which they won’t want to lose.